FVSCHEDULE

The FVSCHEDULE function calculates the future value of some principal based on a specified series of potentially varying interest rates.

Sample Usage

FVSCHEDULE(10000,A2:A100)

FVSCHEDULE(10000,{0.1,0.95,0.9,0.85})

FVSCHEDULE(A2,B2:B20)

Syntax

FVSCHEDULE(principal, rate_schedule)

principal - The amount of initial capital or value to compound against.

rate_schedule - A series of interest rates to compound against the principal.

rate_schedule must be either a range or array containing the interest rates to compound, in sequence. These should be expressed either as decimals or as percentages using UNARY_PERCENT, i.e. 0.09 or UNARY_PERCENT(9) rather than 9.

See Also

PV: Calculates the present value of an annuity investment based on constant-amount periodic payments and a constant interest rate.

PPMT: The PPMT function calculates the payment on the principal of an investment based on constant-amount periodic payments and a constant interest rate.

PMT: The PMT function calculates the periodic payment for an annuity investment based on constant-amount periodic payments and a constant interest rate.

NPER: The NPER function calculates the number of payment periods for an investment based on constant-amount periodic payments and a constant interest rate.

IPMT: The IPMT function calculates the payment on interest for an investment based on constant-amount periodic payments and a constant interest rate.

FV: The FV function calculates the future value of an annuity investment based on constant-amount periodic payments and a constant interest rate.

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